TIME Fees and Costs — Clockwise Core Equity & Innovation ETF
Data updated: 2026-07-27
The net expense ratio is 0.96% (1.02% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $13K in broker commissions, 0.0639% of average net assets, and portfolio turnover was 1555%.
TIME Fees and Expenses
Annual operating expenses and sales charges of TIME. Prospectus, as of December 23, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.96% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TIME Costs Over Time
On $10,000 invested in TIME, assuming 5% a year before costs, total costs come to $640 over 5 years, cutting the return by 1.08% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.96%) | $101 | $314 | $545 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $352 | $640 |
| Value after costs | $10,392 | $11,224 | $12,123 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
TIME Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0639%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1555%
- Securities lending: none during the year
TIME Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB & CO. INC. | $8K | 61.86% |
| MONNESS CRESPI HARDT & CO. INC. | $2K | 18.17% |
| RBC CAPITAL MARKETS LLC | $2K | 16.07% |
| AMERICAN VETERANS GROUP PBC | $495 | 3.90% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.